
House Prices To Add Another 20% If Banks Don’t Slam The Brakes
Chatter about the possible introduction of macro-prudential controls to slow house price growth is increasing, while rep...
The suburb’s capital gain of 3.95% for the past year is lower than average compared to its 30.82% growth within a five-year period.
Also in MINERS REST, the median home price is sitting at $440,220, and the average rent at $370, this suggests property owners could potentially earn a 4.37% increase in gross rental yield.
Property investors have seen a 2.38% gain in MINERS REST based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.36% growth over a ten-year period. It ranks 2329th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $440,220 | N/A |
GROWTH REPORT | ||
Median Quarterly | 2.38% | N/A |
Median 12 month | 3.95% | N/A |
Median 3 years | 23.46% | N/A |
Median 5 years | 30.82% | N/A |
10 years average annual | 3.36% | N/A |
Weekly media advert. rent | $370 | N/A |
Time on Market | 42.6 days | N/A |
Gross Rental Yield Percent | 4.37% | N/A |